APRIL 2016 AIMA OFFICE BEARERS AIMA S MONTHLY E-MAGAZINE. PRESIDENT Mr Firdose Vandrevala AIMA

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1 AIMA S MONTHLY E-MAGAZINE M A N A G E M E N T T I M E S APRIL 2016 AIMA OFFICE BEARERS Dear Readers, It gives me great pleasure to present the April issue of AIMA News. Last month AIMA hosted one of its major flagship events, the AIMA Managing India Awards Now in its 7th year, the AIMA Managing India Awards saw several eminent personalities being honoured at a glittering ceremony. Mr Suresh Prabhu, Minister of Railways gave away awards to Mr S Ramadorai, Former Vice Chairman, Tata Consultancy Services and Chairman, National Skill Development Agency & National Skill Development Corporation; Mr Rajiv Bajaj, Managing Director, Bajaj Auto Ltd.; Mr Ajay Piramal, Chairman, Piramal Group; Mr Satish Reddy, Chairman, Dr Reddy s Laboratories Ltd.; Mr Rajat Sharma, Chairman & Editor-in-Chief, India TV; Mr Amit Agarwal, Vice President & Country Manager, Amazon and Mr Sachin Bansal, Executive Chairman & Co-Founder, Flipkart. They were introduced by equally renowned personalities and you will find more details inside. During the period, AIMA also conducted its first Global Procurement Summit 2016 held in partnership with the World Bank and the Ministry of Micro, Small and Medium Enterprises in New Delhi. The two day Summit was addressed by senior government officials, international speakers and leading professionals. The in-depth panel discussions at the Summit highlighted the important developments being made in the field of Procurement both in India and abroad. It was attended by 230 participants of over 15 nationalities. A detailed report is carried in this issue. This edition of AIMA News also brings to you updates from a talk organised with Mr Jairam Ramesh, Member of Parliament, on his book To The Brink And Back, the SYMP held in collaboration with Thrissur Management Association, interactive sessions and other developments at AIMA. In addition you will find brief reports on the LMAs activities and a few interesting articles on management. I hope you enjoy this edition of AIMA News and look forward to your feedback and comments. Warm Regards PRESIDENT Mr Firdose Vandrevala AIMA SENIOR VICE PRESIDENT Mr Sunil Kant Munjal Joint Managing Director Hero MotoCorp Ltd & Chairman, Hero Corporate Services Ltd VICE PRESIDENT Mr T V Mohandas Pai Chairman Manipal Global Education Services TREASURER Mr Nikhil Sawhney Vice Chairman and Managing Director Triveni Turbine Limited IMMEDIATE PAST PRESIDENT Mr H M Nerurkar Chairman TRL Krosaki Refractories Ltd. DIRECTOR GENERAL Ms Rekha Sethi Published by Management House,14, Institutional Area, Lodhi Road, New Delhi Tel : Fax : dlma@aima.in Website : Managing Editor Ms Smita Das Rekha Sethi Director General 1

2 2 AIMA SNAPSHOTS APRIL 2016 CONTENTS 04 Managing India Awards AIMA SNAPSHOTS 13 GLOBAL PROCUREMENT SUMMIT SHAPING YOUNG MINDS PROGRAMME 15 TALK ON TO THE BRINK AND BACK FEATURES 19 WRITE A FAILURE RESUME TO LEARN WHAT MAKES YOU SUCCEED 16 INTERACTIVE SESSION 23 A BIG DATA APPROACH TO PUBLIC SPEAKING 16 AIMA CERTIFIED TRAINER (ACT) 29 LMA NEWS 50 AIMA EVENTS CALENDAR

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4 4 AIMA SNAPSHOTS AIMA MANAGING INDIA AWARDS APRIL 2016 Managing India Awards (Seated L-R) Rajat Sharma, Chairman & Editor-in-Chief, India TV; S Ramadorai, Former Vice Chairman, Tata Consultancy Services and Chairman, National Skill Development Agency & National Skill Development Corporation; Suresh Prabhu, Minister for Railways, Government of India; Ajay Piramal, Chairman, Piramal Group and Satish Reddy, Chairman, Dr Reddy s Laboratories Ltd. (Standing L-R) Rekha Sethi, Director General, AlMA; Amit Agarwal, Vice President & Country Manager, Amazon India; Sachin Bansal, Executive Chairman & Co-Founder, Flipkart; Rajiv Bajaj, Managing Director, Bajaj Auto Ltd; Firdose Vandrevala, President, AlMA and Sunil Kant Munjal, Senior Vice President AIMA, Joint Managing Director, Hero MotoCorp Ltd & Chairman, Hero Corporate Service Pvt Ltd. The 7th AIMA Managing India Awards were held on 28th April 2016 where stalwarts of India were recognised for their outstanding contribution in different areas at a glittering awards ceremony at New Delhi. AIMA has a fabulous process of selection. All the awardees are from diverse and interesting fields and they have done phenomenal jobs in their spheres, said Mr Suresh Prabhu, Minister for Railways, Government of India. We have been through various phases since the Independence of our nation. Now we have come to a phase Suresh Prabhu, Minister for Railways, Government of India

5 5 AIMA MANAGING INDIA AWARDS APRIL 2016 (L-R) Sunil Kant Munjal, Senior Vice President AIMA, Joint Managing Director, Hero MotoCorp Ltd & Chairman, Hero Corporate Service Pvt Ltd; Suresh Prabhu, Minister for Railways, Government of India; Firdose Vandrevala, President, AlMA and Rekha Sethi, Director General, AlMA where we need to find out how to manage the next phase of growth. We have achieved so much; but more needs to be achieved. What is important is the ambit of management at macro level, he added. Consultancy Services and Chairman, National Skill Development Agency & National Skill The evening started with the introduction by Ms Rekha Sethi, Director General, AlMA. The welcome address was given by Mr Firdose Vandrevala, President, AIMA. Mr Rajiv Luthra, Founder and Managing Partner, Luthra & Luthra Law Offices, introduced the Outstanding Institution Builder Award for Mr S Ramadorai, Former Vice Chairman, Tata S Ramadorai, Former Vice Chairman, TCS, and Chairman, National Skill Development Agency & National Skill Development Corporation, receiving the Outstanding Institution Builder Award from Suresh Prabhu, Minister for Railways, Government of India as Firdose Vandrevala, President, AlMA looks on

6 6 AIMA MANAGING INDIA AWARDS APRIL 2016 Ajay Piramal, Chairman, Piramal Group receiving the Corporate Citizen of the Year Award from Suresh Prabhu, Minister for Railways, Government of India as Sunil Kant Munjal, Senior Vice President AIMA, Joint Managing Director, Hero MotoCorp Ltd & Chairman, Hero Corporate Service Pvt Ltd looks on Development Corporation. Speaking about the most important aspect that India needs to focus to make Skill India project a success, he said that for skilling to succeed in India, we must look at it holistically from both the supply side as well as the demand side. On the supply side, with a challenge of skilling more than 400 million by 2022, any skilling intervention will have to be at a staggering scale. On the demand side, the most critical aspect is to demonstrate the value of skilled labour to the industry, he added. The Business Leader of the Year Award for Mr Rajiv Bajaj, Managing Director, Bajaj Auto Ltd, was introduced by Mr Richard Rekhy, Chief Executive Officer, KPMG in India. Mr Bajaj said that it was Rajiv Bajaj, Managing Director, Bajaj Auto Ltd, receiving the Business Leader of the Year Award from Suresh Prabhu, Minister for Railways, Government of India

7 7 AIMA MANAGING INDIA AWARDS APRIL 2016 his dream to make Indian engineers recognised all over the world and that they had been successful in doing so. Today Bajaj motorcycles are exported to all over the world. Mr Ajay Piramal, Chairman, Piramal Group, received the Corporate Citizen of the Year award. His citation was read by Fashion Designer Ms Anju Modi. He emphasised that although India has been making developments in the economic and scientific space, there are still a lot of areas which require attention and care. Though the government is doing whatever possible, considering the magnitude of the challenge, it is the duty of each one of us to help as much as we can, he said. Satish Reddy, Chairman, Dr Reddy s Laboratories Ltd, receiving the Indian MNC of the Year Award from Suresh Prabhu as Firdose Vandrevala, President, AlMA looks on Mr M Damodaran, Chairman, Excellence Enablers Pvt. Ltd, read the citation for Indian MNC of the Year awarded to Dr Reddy s Laboratories Ltd. Mr Satish Reddy, Chairman, Dr Reddy s Laboratories Ltd, received the award. According to him, that Indian MNCs should leverage their inherent strengths globally. They must build on their low cost, highly productive, global innovation capabilities and expand their global footprint to access cutting edge capabilities and technological platforms that can keep them ahead of the value curve, he pointed out. Rajat Sharma, Chairman & Editor-in-Chief, India TV, receiving the Outstanding Contribution to Media Award from Suresh Prabhu Recipient of the Outstanding Contribution to Media award, Mr Rajat Sharma, Chairman & Editor-in-Chief, India TV,

8 8 AIMA MANAGING INDIA AWARDS APRIL 2016 expressed that media in India has evolved over the years and today it has become more dynamic, more engaging and omnipresent. Contemporary Artist Ms Anjolie Ela Menon read his citation and described him as a veteran editor and a leader of television journalism in India. Mr Manoj Jain, Managing Director, Shriram Life Insurance Company Ltd, introduced Amazon Seller Services Pvt. Ltd as the MNC in India of the Year. Mr Amit Agarwal, Vice President & Country Manager, Amazon India, received the award and said that there is huge opportunity to innovate and transform the way India buys and sells. Transformational Business Leader of the Year award was received by Mr Sachin Bansal, Executive Chairman & Co-Founder, Flipkart. He was introduced by Kathak Maestro, Ms Shovana Narayan. Advising young Indian entrepreneurs, he suggested to keep the user at the core of all decision making. Taking regular feedback and incorporating that in your strategy is the key. Top it up with fresh thoughts, hard work, self-belief and disciplined attitude, this is the key to growth and success in this tough competitive world, he added. The vote of thanks was delivered by Mr Sunil Kant Munjal, Senior Vice Amit Agarwal, Vice President & Country Manager, Amazon India, with the MNC in India of the Year Award President AIMA, Joint Managing Director, Hero MotoCorp Ltd & Chairman, Hero Corporate Service Pvt Ltd The jury members included Mr Sanjiv Goenka, Jury Chairman and Chairman, RP- Sanjiv Goenka Group; Mr Firdose Vandrevala, President, AIMA; Mr Nikhil Sawhney, Vice Chairman & Managing Director, Triveni Turbine Ltd; Mr H M Nerurkar, Chairman, TRL Krosaki Refractories Ltd; Ms Preetha Reddy, Executive Vice Chairperson, Apollo Hospitals Enterprise Ltd; Mr Vineet Agarwal, Managing Director, Transport Corporation of India Ltd; Mr P Balaji, Director - Regulatory & External Affairs, Vodafone India Ltd; Mr Rajive Kaul, Chairman, NICCO Corporation Ltd; and Mr Sudhir Jalan, Chairman & Managing Director, Meenakshi Tea Company Ltd. Sachin Bansal, Executive Chairman & Co- Founder, Flipkart; with the Transformational Business Leader of the Year Award

9 9 AIMA MANAGING INDIA AWARDS APRIL M Damodaran, Chairman, Excellence Enablers Pvt Ltd; and Richard Rekhy, Chief Executive Officer, KPMG in India 2. Shovana Narayan, Kathak Maestro; and Anjolie Ela Menon, Contemporary Artist Satish Reddy, Chairman, Dr Reddy s Laboratories Ltd; and Manoj Jain, Managing Director, Shriram Life Insurance Company Ltd Sunil Kant Munjal, Senior Vice President, AIMA, Joint Managing Director, Hero MotoCorp Ltd & Chairman, Hero Corporate Service Pvt Ltd; and Rajat Sharma, Chairman & Editor-in-Chief, India TV

10 10 AIMA MANAGING INDIA AWARDS APRIL Sachin Bansal, Executive Chairman & Co-Founder, Flipkart; Rajiv Luthra, Founder and Managing Partner, Luthra & Luthra Law Offices; and Anju Modi, Fashion Designer 6. Uddesh Kohli, Chairman, Construction Industry Arbitration Council, at the awards function Vineet Agarwal, Managing Director, TCIL; Rajiv Bajaj, Managing Director, Bajaj Auto Ltd; and Nikhil Sawhney, Treasurer AIMA,Vice Chairman & Managing Director, Triveni Turbine Ltd. 8. S Ramadorai, Former Vice Chairman, TCS, and Chairman, National Skill Development Agency & National Skill Development Corporation; Ajay Piramal, Chairman, Piramal Group; and FirdoseVandrevala, President, AlMA

11 11 AIMA MANAGING INDIA AWARDS APRIL Rajive Kaul, Chairman, NICCO Corporation Ltd; and Amit Agarwal, Vice President & Country Manager, Amazon India 10. Sunil Kant Munjal with KL Chugh, Chairman Emeritus, ITC Ltd; and Chairman, Cosmos Consulting Dr JS Juneja, Chairman, Global Projects & Services (P) Ltd; and P Dwarakanath, Head - Group Human Capital, Max India 12. Pranjal Sharma, Host - The Appointment, Zee Business; and D Shivakumar, Chairman and CEO, PepsiCo India Holdings Pvt Ltd.

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13 13 AIMA SNAPSHOTS APRIL 2016 Global Procurement Summit 2016 (L-R) P Dwarakanath, Head Group, Human Capital, Max India; Sandeep Verma, Home Secretary, Govt of Rajasthan; Madhav Lal, Former Secretary, Ministry of MSME and Abduljabbar H. Al-Qathab, Lead Procurement Specialist, World Bank Washington AIMA organised its first Global Procurement Summit 2016 in partnership with the World Bank and the Ministry of Micro, Small and Medium Enterprises in New Delhi on 21st -22nd April The summit provided a comprehensive view into what is happening in the world of Procurement and captured the experience, performance, perspective and intentions of top level procurement professionals. It presented successful strategies and benchmarks that procurement leaders can use to gain insight into best practices and hence improve the operations and performance. The Summit also highlighted the need for Governments to analyse the impact and cost benefits before introducing and implementing preferential procurement policies. The Summit was inaugurated by Mr. Madhav Lal, former Secretary, Government of India. Mr. Lal highlighted the strategic role gained by Procurement at senior Government levels and shared his experience in developing the preferential procurement policies for small and medium enterprises that throw up the challenges of lack of data analytics and adequate capacity in the system. The eminent speakers who addressed the Global Procurement Summit 2016 were top officials from Ministry of Micro Small &Medium Enterprises, Ministry of Finance, Pubic Procurement Division, Ministry of Railways, Government of Rajasthan and Kerala including some international speakers. Some of the speakers included Mr. Abduljabbar Al-Qathab,

14 14 AIMA SNAPSHOTS APRIL 2016 (L-R) Raj Agrawal, Director, AIMA; Shantanu Roy, Sustainability Professional and Hon. Secretary General, Green Purchasing Network India; Sanjay Kumar. Additional General Manager, DFCCIL, Ministry of Railway; Chaiyod Bunyagidj,Vice President. Thailand Environment Institute and Shanker Lal, Country Focal Point-Procurement, World Bank Lead Procurement Specialist, World Bank Washington; Mr A K Kalesh Kumar, Capacity Building Coordinator, South Asia Procurement, The World Bank; Dr Krishan K Batra, President & CEO, Institute of Supply Management, India; Mr Sanjay Agarwal, Director, PPD, Department of Public Expenditure, Ministry of Finance, Govt of India; Mr. Chaithanya Chava, Director Public Sector & Governance - GRID - Pricewaterhouse Coopers Private Limited; Ms Swayamsidha Mohanty, Sr Procurement Specialist, World Bank; Mr. Pravin K Purang, Management Advisor Jindal; Ms. Irina Goncharova, World Bank, Kyrgyz Republic; Prof. Samir Srivastava, Professor, IIM Lucknow; Dr Rathan Kelkar, CEO, Centre for e-governance, Government of Karnataka; Mr Ved Prakash, CMD, MMTC; Dr Chaiyod Bunyagidj, Vice President, Thailand Environment Institute; Mr Madhu Sudan Sahoo, Member, CCI; Mr Sandeep Verma, Home Secretary, Govt of Rajasthan and Mr Anna Pinto Herbert, Sr Operations Officer, Integrity Vice Presidency, World Bank, Washington amongst others. World Bank also launched the Hindi language version of its flagship Certificate Programme in Public Procurement (CPPP), offered as Massive Open Online Course. The event was well received with 230 participants from about 15 countries. The topical themes and in depth discussions were highly appreciated by participants. This Summit helped in bringing many important developments in Procurement that countries in the region are presently addressing, into focus. (L-R) Krishan K Batra, President & CEO at Institute of Supply Management, India; Sanjay Aggarwal, Director, PPD, Department of Public Expenditure, Ministry of Finance, Govt of India; Abduljabbar H. Al-Qathab, Lead Procurement Specialist, World Bank Washington; A K Kalesh Kumar, Capacity Building Coordinator, South Asia Procurement, The World Bank and Ranen Banerjee, Partner Public Sector & Governance - GRID - PricewaterhouseCoopers Private Limited

15 15 AIMA SNAPSHOTS APRIL 2016 Talk on To The Brink And Back (L-R) Rekha Sethi, Director General, AIMA; Jairam Ramesh, Member of Parliament and Richard Rekhy, Chief Executive Officer, KPMG in India AIMA organised a talk with Mr Jairam Ramesh, Member of Parliament on his book To the Brink and Back on 12th April The present government must learn the art of political consensus building from P V Narasimha Rao, who ushered in the radical economic reforms in 1991 despite heading a minority government, said Jairam Ramesh, Member of Parliament and former minister, who was a key aide of the Prime Minister during the 33 days of revolutionary change in Richard Rekhy, Chief Executive officer, KPMG in India chaired the session. The programme was very well attended. Jairam Ramesh, Member of Parliament

16 16 AIMA SNAPSHOTS APRIL 2016 Interactive Session AIMA organised an interactive session was organised with Ms Anisha Motwani, Business Strategist, Speaker, Columnist and Author of the Book titled Storm the Norm - Untold Stories of 20 Brands that did its Best on 20th April The session was chaired by Dr Sunil Abrol, Advisor, AIMA. (L-R) Sunil Abrol, Advisor, AIMA and Anisha Motwani, Business Strategist, Speaker,Columnist and Author Another Interactive Session on How to Develop Performing Teams with Dr Anil Sethi, Founder G K Group of Companies & Co-Founder of Healthcare Tech Startup drsafehands. com. The session was held on 26th April 2016 at the AIMA. AIMA Certified Trainer (ACT) AIMA Certified Trainer (ACT) is a scheme of assessment and certification of Trainer Skills. It is a recognition of competencies and skills acquired by an individual as a trainer. The scheme has recently received endorsement from NOCN, UK Awarding Organization. AIMA Certified Trainer (ACT) session in progress AIMA conducted the first assessment session of AIMA Certified Trainer (ACT) after being endorsed by NOCN, UK on 7th April 2016 at New Delhi. The joint certification of AIMA and NOCN is designed to give trainers recognition of skills to enable them to compete in the global market. The certification will help trainers gain the competitive advantage at international standards.

17 17 AIMA SNAPSHOTS APRIL 2016 Shaping Young Minds Programme Mr Vijay Thadani, Vice Chairman & Managing Director, NIIT Ltd. lighting the lamp AIMA in collaboration with Thrissur Management Association organised its Shaping Young Minds Programme on 20th April 2016 at Thrissur. The speakers who addressed the programme included Mr Vijay Thadani, Vice Chairman & Managing Director, NIIT Ltd; Justice N Santosh Hegde, Former Lokayukta, Government of Justice N Santosh Hegde, Former Lokayukta, Government of Karnataka Karnataka; Mr D Shivakumar, Chairman & CEO - India Region, PepsiCo India Holdings Pvt. Ltd & Past President, AIMA and Ambassador Deepak Vohra, Veteran Diplomat. The programme was well received with an audience of over 1500 participants. Deepak Vohra, Veteran Diplomat D Shivakumar, Chairman and CEO, PepsiCo India Holdings Pvt Ltd.

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19 AIMA FEATURES AIMA FEATURES APRIL 2016 Write a Failure Resume to Learn What Makes You Succeed By Bill Taylor By any measure, Johannes Haushofer is an astounding success. He graduated with honors from Oxford and has not one but two PhDs, in economics (from the University of Zurich) and neurobiology (from Harvard). Now an assistant professor of psychology and public affairs at Princeton, he has published so widely and presented at so many conferences that his academic CV runs a full seven pages. So it s a little funny, and more than a little revealing, 19

20 AIMA FEATURES APRIL 2016 that Haushofer recently lit up the Twittersphere when he published a CV of Failures a long list of all the degree programs I did not get into, the academic positions and fellowships I did not get, and the paper rejections from academic journals. Basically, in a world where most of us seek attention and acclaim with lists of our triumphs, Haushofer shared with the world a detailed accounting of his disappointments and setbacks. In the introduction to the unusual resume, Haufhoser notes that he didn t come up with the idea himself. A few years ago, Melanie Stefan, a postdoc at Caltech, wrote an article for Nature titled A CV of Failures after she got rejected for a fellowship to which she d applied. Stefan, like Haufhoser, is a person of tremendous achievement, but she realized that for every hour she d spent working on something that succeeded, she d probably spent six hours working on something that failed. The problem with ignoring those setbacks, Stefan concluded, is that it leads to false perceptions of how success actually works. As scientists, we construct a narrative of success that renders our setbacks invisible both to ourselves and to others, she wrote. Often, other scientists careers seem to be a constant, streamlined series of triumphs. Therefore, whenever we experience an individual failure, we feel alone and dejected. What a healthy dose of common sense and a refreshing blast of honesty. In a world defined by hypercompetition and intense pressure, where business breakthroughs and career advancement demand a willingness to take risks and defy convention, the notion that any person can achieve meaningful success without experiencing setbacks and disappointments seems hopelessly naïve. A willingness to chronicle your failures helps to create the kind of resilience that allows you to get beyond them. That s true for companies as well as for individuals. Bessemer Venture Partners, one the country s oldest venture capital firms, has won big by funding some wonderfully successful startups, most recently companies such as LinkedIn, Yelp, Pinterest, and Blue Apron. Over the years, though, it also chose not to invest in deals that would have led to outrageous returns, including Apple, ebay, and FedEx, which it passed on seven times. At most VC firms, these missed opportunities would be treated as dirty little secrets. At Bessemer, they are entries in its publicly available Anti-Portfolio basically a Failure Resume for its partners. Here s the entry on not investing in PayPal: David Cowan passed on the Series A round. Rookie team, regulatory nightmare, and, 4 years later, a $1.5 billion acquisition by ebay. Here s the entry on not investing in Lotus and Compaq: [Legendary VC] Ben Rosen offered Felda Hardymon the chance to invest in both Lotus and Compaq Computer on the same day. Says Hardymon: Lotus wasn t proven yet, and I was worried about the situation there. As for Compaq, I told him there was no real future in transportable computers since IBM could do it. Here s the entry on not investing in Facebook: Jeremy Levine spent a weekend at a corporate retreat in the summer of 2004 dodging persistent Harvard undergrad Eduardo Saverin s rabid pitch. Finally, cornered in a lunch line, Jeremy delivered some sage advice[.] Kid, haven t you heard of Friendster? Move on. It s over! 20

21 AIMA FEATURES APRIL 2016 I don t know how many of us are prepared to reckon so openly (and humorously) with mistakes or missed opportunities, let alone share them with the world. What I do know is that many of us carry overly simplified ideas about the logic of success and how it unfolds, and that those false narratives often stand in the way of actually succeeding. The renowned historian Arnold Toynbee famously quipped, Nothing fails like success when you rely on it too much. We may have entered a world in which nothing succeeds like failures, especially if you are honest about them. Indeed, the very last entry in Johannes Haushofer s list of setbacks is what he called his Meta-Failure: This darn CV of Failures has received way more attention than my entire body of academic work. So don t rest on your success. Go ahead and write your Failure Resume. About Author: William C. Taylor is cofounder of Fast Company magazine. His forthcoming book is Simply Brilliant: How Great Organizations Do Ordinary Things in Extraordinary Ways. Follow him on Twitter Disclaimer: This article is republished with permission from Harward Business Review. 21

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23 AIMA FEATURES APRIL 2016 A Big Data Approach to Public Speaking Key takeaways from analyzing 100,000 presentations by Matt Abrahams Students in my strategic communication class often ask how they can become more engaging, competent communicators. This question is in no way new rhetoricians dating back to the ancient Greeks have explored this issue. However, unlike Cicero and Aristotle, we now have big data tools and machine-learning techniques to examine the core characteristics of effective communicators. One person leveraging this technology (and one of my most popular guest lecturers) is Noah Zandan, founder and CEO of Quantified Communications, which offers one of the first analytics platforms to measure, evaluate, and improve corporate executives communication skills. Zandan s team of data scientists analyzed more than 100,000 presentations from corporate executives, politicians, and keynote speakers. They examined behaviors ranging from word choices and vocal cues to facial expressions and gesture frequency. They then used this data to rate and rank important communication variables such as persuasiveness, confidence, warmth, and clarity. 23

24 AIMA FEATURES APRIL 2016 Zandan grounds his team s work in a communication scheme created by psychologist Albert Mehrabian. They expand upon Mehrabian s original Three V s the verbal, vocal, and visual choices that a communicator makes by adding a fourth V: the vital elements of communication. Here s what his team has learned through studying the best communicators, combined with concepts I cover in class: Verbal The actual words you use, whether spoken or written, matter. Zandan and his team found that the language used in corporate earnings calls affects up to 2.5% of stock price movement. Based on data from the most successful communicators, here are three things to keep in mind. First, word choice should be appropriate for your audience and conform to the context (e.g., formality). Relying on jargon is likely to confuse your audience. The best approach is always to take the time to define terms and technologies that some in your audience might not know. You would also be well-served to have someone review your content specifically to confirm that your word choices are appropriate. Second, avoid hedging language. Qualifying phrases such as kind of and hesitant language like I think can be beneficial in interpersonal communication, where they invite contribution and adjust your status relative to the person with whom you are conversing. But in contexts like presenting in public, they can reduce your credibility. You will sound more confident when you remove qualifiers and say I feel or I believe. The best way to make yourself aware of how often you use hedging language is to have a trusted colleague alert you while giving a practice presentation. Once you re aware, you will be better able to proactively eliminate this type of language. Finally, speak clearly and concisely. Research suggests that succinct messages are more memorable. In fact, Zandan and his team found that effective communicators messages tend to be more concise than those from speakers who were rated as average or below average. Many presenters speak the way they write that is, they use complex sentences with nested clauses and phrases. This works well in writing, but when you re presenting, it s hard for you to speak and challenging for your audience to follow. In writing, we don t have to worry about pauses for breath. Nor do we need to worry about the audience understanding what we have written, as a reader can always reread a confusing passage. To be more concise, start by stripping away excess wording that might sound good when read silently but that adds limited value when spoken aloud. When you re 24

25 AIMA FEATURES APRIL 2016 practicing, ask others to paraphrase your points to see if their wording can help you be more succinct. Vocal Vocal elements include volume, rate, and cadence. The keys to vocal elements are variation and fluency. Think of your voice like a wind instrument. You can make it louder, softer, faster, or slower. We are wired to pay attention to these kinds of vocal change, which is why it is so hard to listen to a monotonous speaker. In fact, even just a 10% increase in vocal variety can have a highly significant impact on your audience s attention to and retention of your message. Less expressive speakers should vary their volume and rate by infusing their presentations with emotive words like excited, valuable, and challenging, and using variations in their voice to match the meaning of these words. If you re speaking about a big opportunity, then say big in a big way. With practice, you will feel more comfortable with this type of vocal variety. Disfluencies all those ums and uhs might be the most difficult vocal element to address. Not all disfluencies are distracting. Ums and uhs within sentences are not perceived as frequently, nor are they as bothersome, as those that occur between thoughts and phrases. Your audience often skips over midsentence disfluencies because they are more focused on your content than your verbal delivery. But as you move from one point to another, disfluencies stand out because your audience is no longer focused on what you are saying. In essence, you are violating your audience s expectation of a silent pause by filling it. To address these between-thought disfluencies, be sure to end your sentences, and especially your major points, on an exhalation. By ending your phrases on a complete exhalation, you necessarily start your next thought with an inhalation. It is nearly impossible to say um (or anything, for that matter) while inhaling. A useful way to practice this is to read out loud and notice your breathing patterns. In addition to eliminating between-thought disfluencies, your inhalation brings a pause with it. This unfilled pause has the added benefit of varying your rate. Visual Visual elements refer to what you do with your body. Zandan cites studies by educational researchers that suggest approximately 83% of human learning occurs visually.your nonverbal behaviors such as stance, gestures, and eye contact are critical not only for conveying and reinforcing your messages, but they serve as the foundation of your audience s assessments of your confidence. This is important because your audience equates your competence 25

26 AIMA FEATURES APRIL 2016 place your arms loosely at your sides or clasp your hands loosely right at your belly button level. Finally, remove any distracting items that you might futz or fiddle with, like jewelry, pens, and slide advancers. with their perceptions of your confidence. Your stance is all about being big and balanced. Stand or sit so that your hips and shoulders are square (i.e., not leaning to one side) and keep your head straight, not tilted. Presenting from a balanced position not only helps you appear more confident, but it actually helps you feel more confident, too. When you make yourself big and balanced, you release neurochemicals that blunt anxietyproducing hormones. Even just a 10% increase in vocal variety can have a highly significant impact on your audience s attention to and retention of your message Matt Abrahams Gestures need to be broad and extended. When you re gesturing, go beyond your shoulders rather than in front of your chest, which makes you look small and defensive. When you re not gesturing, Eye contact is all about connecting to your audience. In North American culture, audiences expect eye contact, and quickly feel ostracized when you fail to look out at them. While you need to spread your eye contact around so that you connect with your entire audience, you need not look at each member individually, especially if you are in front of a large crowd. A good strategy is to create quadrants and look in those various directions. Also, try to avoid repetitive patterns when you scan the room. Finally, as Zandan rightly advises his clients, if you are presenting remotely via video camera, imagine you re speaking directly to people and look into the camera, not at your monitor or keyboard. Vitals Vital elements capture a speaker s true nature it is what some refer to as authenticity. For authenticity, 26

27 27 AIMA FEATURES APRIL 2016 Zandan s team has found that the top 10% of authentic speakers were considered to be 1.3 times more trustworthy and 1.3 times more persuasive than the average communicator. Authenticity is made up of the passion and warmth that people have when presenting. Passion comes from exuding energy and enthusiasm. When you re preparing and practicing your talk, be sure to reflect back on what excites you about your topic and how your audience will benefit. Reminding yourself of your motivation can help energize you (or reenergize you if it s a presentation you give over and over again). Additionally, thinking about how you are helping your audience learn, grow, and achieve should ignite your spirits. This energy will manifest itself in how you relay your information. This doesn t mean you have to be a cheerleader; you need to find a method for relaying your message that is authentic and meaningful for you. Warmth can be thought of as operationalized empathy. It is a combination of understanding your audience s needs and displaying that understanding through your words and actions. To be seen as warm, you should acknowledge your audience s needs by verbally echoing them (e.g., Like you, I once ) and by telling stories that convey your understanding of their needs, such as the CEO who tells a story of the most difficult tech support call she had to deal with as she addresses her client services team. Further, maintain an engaged posture by leaning forward and moving toward people who ask questions. Before your next speech, try out the Four V s and the specific suggestions derived from big data and machine learning to see if they fit your needs. Only through reflection, practice, and openness to trying new things can you become an engaging, competent communicator. About Author Matt Abrahams is a Stanford GSB organizational behavior lecturer, author, and communications coach. Disclaimer: This article is republished with permission from Stanford Business School of Graduate.

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29 29 News from LMAs AIMA NEWS FROM LMA APRIL 2016 Ahmedabad Management Association Summer Workshops 2016 AMA conducted creatively engaging and highly awaited Summer Workshops 2016 for all the school and college students starting from 2nd April till 13th May. It included 69 programmes on diverse themes beneficial to students. Seminar The momentum for the month of April was mobilised by Swamiji interacting with the students a seminar on Why Bad Things Happen to Good People addressed by Swami Bodhananda Saraswati of the Sambodh Foundation on 7th April. It was followed by an open workshop on stories based on Panchtantra on 8th April. Both the sessions were very well received by the attendees. Mr. Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas addressed a seminar on 8th April regarding Corporate Governance in Family Owned Business. A highly informative lecture on Start-up Challenges: Government Policy and Support was addressed by Dr. Chandan Chatterjee, Director, Centre for Entrepreneurship Development on 9th April. Both the lectures were widely applauded by the management professionals. Book Release A book release function of the book Life the Beautiful, DIY Do it Yourself by Bhasker & Suwarna Banajra was organised at AMA on 14th April. Guru G. Narayana was the Chief Guest. Developing Perspectives Dr. Rasananda Panda, Professor, MICA, spoke on India in the Global Economy on 15th April. Mr. Huzaifa A Nakhoda, Principal Consultant, Navigating Consulting, Dubai addressed a talk on Doing Business in Dubai on 16th April. Dr. Mukesh Patel, Nihar Arogya Mandir gave an address on Painful Life: Lessons from Naturopathy on 22nd April. Member Connect Initiatives Mr. Cyril Shroff addressing the public Dr. Rasananda Panda addressing the talk Dr. Paresh Kariya, Director, Business Development, OTIS Elevators Co. Ltd., delivered a power packed and thought provoking session on In Search of Mindfulness on 23rd April.

30 AIMA NEWS FROM LMA APRIL 2016 Management Development Programmes AMA conducted 49 Management Development Programmes this month focusing on Service Tax with Budget 2016 Updates, Copywriting, E-Commerce for Small Entrepreneurs, Brand Management, Employability Enhancement Endeavour, Effective Cost Management, First Aid Training, Certificate Programme on Exports and Imports, Research Design, Project Management, Hi-impact presentation skills etc. Participants of Copywriting Course Baroda Management Association Friday Evening Talk Dr. Vivek Jain, senior Consultant Dermatologist and Sexologist addressed the Friday evening talk on Human Weds Mobile on 1st April. The talk provided a holistic view of the Mobile - where, when, how do people use it; its hazards, precautions, judicious usage etc. Another talk was led by Ms. Avi Sabavala, Vice-President, Ms. Avi Sabavala addressing the Friday Evening BMA and Immediate Past President of Vadodara Chamber of Talk session. Commerce & Industry on Enjoying India s Wild Spaces on 8th April. The session was engaging and provided a unique learning experience about wildlife. On 15th April, Mr Rohintan Talati, a HR professional spoke on the theme Access Consciousness. The session was well received by the participants. Mr. Manish Baxi, Chartered Accountant spoke on the topic Plan to 60-Financial Planning on 29th April. The session focused on giving an idea on how to curve out the retirement financial planning at the early age of life, rather than after retirement Mr. Amit Gadhvi, Head HR, Raychem RPG Group addressed on Future of HR HR 2020 on 22nd April. The talk highlighted on transforming HR to make it ready for the future. 30

31 AIMA NEWS FROM LMA APRIL 2016 Leadership Retreat The Baroda Management Association organised the leadership retreat 2016 on the theme Making India Manager from April at the Daman Ganga Valley. The MDP focused on understanding the changed global business scenario, its impact on the organisation and enhancing managerial competence. The programme was well received by the participants. Participants of Leadership Retreat MDP A Management Development Programme on Effective Time Management was organised by BMA on 18th April. The speaker for the programme was Mr. Rajiv Kumar Luv. The participants were provided with valuable lessons and tips on time management. A half day Management Development Programme on Stress Management was organised by BMA on 30th April. The speaker for the programme was Mr. Bhaskar Joshi. The programme focused on initiating few good habits that will eradicate stress from the grass root level. Participants of MDP session. Talk Show Baroda Management Association under the Women Development Committee and the Rotary Club of Baroda Cosmopolitan hosted a talk show on 24th April. The speaker for the show was Ms. Rujuta Diwekar, a famous dietician. The talk show was a huge success and more than 900 people attended the show. Release of the book Thyriod PCOD A book Thyroid PCOD authored by Ms. Rujuta Diwekar was also released on the occasion. 31

32 32 AIMA NEWS FROM LMA APRIL 2016 Industrial Visit Under the BLING committee , school students were taken on an industrial visit to a renowned organisation - The Care Group located in the outskirts of Vadodara. The Care Group is the manufacturer and exporter of intraocular lenses and ophthalmic pharmaceuticals. The visit was undertaken for two different batches of school students each on 27th and 28th April. This enhanced a one to Participants at Care Group-Baroda. one interaction of the school children with the professionals of the Care Group to understand their manufacturing processes, work texture and learning experiences. Half Day Session Mr. Bhaskar joshi addressed a half day afternoon session on management movies. As a part of the session, the students were shown two important management movies that highlighted the Importance of leadership and taking up the initiative to move ahead overcoming all the hurdles. The movies that were shown to the students were Miracle Man - the story of Morris. A short documentary film of an athlete who won the world title in skating. After the session there was an interactive question and answer session with the students. Bhopal Management Association The Bhopal Management Association (BMA) in association with the Bhopal Chapter of Institute of Company Secretaries of India (ICSI), successfully organised a full day workshop on Corporate Governance on 16th April. Participants with the speaker The programme started with the video message of the Hon. Finance Minister, Govt. of India, Mr Arun Jaitley and the address of the President of ICSI New Delhi, CS Mamta Binani. CS P K Rai along with Subhash Vithaldas and other The Chief Guest for the programme was Mr. Mangesh Tyagi, dignitaries releasing Stamp of Corporate Governance. Principal Advisor (Governance), Atal Bihari Vajpayee Institute of Good Governance & Policy Analysis. Other speakers included Mr. Yogesh Pandit, Asst. Prof. Cyber Law, Atal Bihari Vajpayee Hindi Vishwavidyalaya, Bhopal; CS D. K. Jain, Practising Company Secretary; Mr. Alok Sahu, Director, CIPET and Mr Subhash Vithaldas, Chairman BMA and Director Permali Wallace Pvt.Ltd. On the occasion of Corporate Governance Day, C S P.K Rai, Chairman, Bhopal Chapter of ICSI along with the other dignitaries hoisted the flag of Corporate Governance. The programme was coordinated by CS Pranay Patel, ICSI and Mr. Aamir Khan, Centre Coordinator, BMA and the vote of thanks was delivered by CS Shrishti Pandey, ICSI. Around 125 people attended the workshop.

33 33 AIMA NEWS FROM LMA APRIL 2016 Bombay Management Association Certificate Course A special weekend Certificate Course in Human Resources Management was organised by BMA in association with L. R. Associates for 12 Saturdays from 2 April to 18 June. The facilitator for the course was Prof. Leslie Rebello and others from L. R. Associates. Prof. Leslie Rebello addressing the participants. Half Day Programme A half day programme on Selling for Customer Satisfaction by Ms. Sushma Ribeiro was held on 7th April. Participants learnt how to sell their product without actually having to sell. Ms. Sushma Ribeiro and the participants On 22nd April a half day programme on Inbound Marketing & Sales Model by Mr. Paresh Patel was organised by the Eastern Suburbs Centre of BMA. The participants learnt how to earn customer s interest instead of pushing interruptive messages, and requested more programmes on this topic. Mr. Paresh Patel addressing the participants. Ms. Renuka Ramnath, Founder, MD & CEO, Multiple receiving the BMA Woman Achiever Award Awards Ceremony The BMA Annual Awards Ceremony was held on 21st April where over 250 members and guests attended this event. The prestigious ceremony recognised and honoured eminent individuals from the Indian corporate world, with BMA Awards. Union Minister of Railways, Mr. Suresh Prabhu was presented the first ever BMA Change Catalyst of the Year Award. The other award recipients included Mr. Rahul Bajaj, Chairman, Bajaj Auto Limited; Mr. Keki Mistry, Vice Chairman & CEO, HDFC Limited; Ms. Renuka Ramnath, Founder, MD & CEO, Multiples; Mr. Bhavish Aggarwal, Founder and CEO, OLA Cabs & Mr. Ankit Bhati, Co-Founder & CTO, OLA Cabs; Ms. Sonal Raghuveer Lohiya of Durgadevi Saraf (DSIMS); Dr. Sreeram R.Gopalkrishnan of Atharva (AIMS) and SIES College of Management Studies (SIESCOMS).

34 34 AIMA NEWS FROM LMA APRIL 2016 The awards ceremony was conducted by Mr. R. Ramakrishnan, Chairman, BMA Awards Committee and Vice-Chairman & JMD, Polycab Group along with Mr. Suresh Mhatre, President BMA. The Jury comprised of Mr. K. K. Nohria formerly from CG, Mr. Shailesh Haribhakti of Haribhakti & Co, Mr. P. R. Ramesh of Deloitte, Ms. Kalpana Morparia of J P Morgan, Mr. Sunil Kaushal of Standard Chartered Bank, Mr. S. Hajara formerly from SCI, Mr. M. K. Chouhan of Asian Centre of Corporate Governance and Mr. Boman Irani of Keystone Realty. The awards ceremony Mr. Keki Mistry, Vice Chairman & CEO, HDFC was followed by a panel discussion on India: The Next 3 years Limited receiving the BMA Management Man of the Year Award - Reigniting Growth moderated by Mr. R. Ramakrishnan with Mr. Keki Mistry, Ms. Renuka Ramnath and Mr. S. Hari Bhakti on the panel. Evening Programme On 23rd April an evening programme on Living A Stress Free Anger Free Life by Dr. Bishram was organised by the BMA Navi Mumbai at SIES College of Commerce & Management Studies, Nerul. The programme focused on how to live a stress free and anger free life. An evening programme on Leadership Excellence by Mr. Avinash Ananda was organised by the BMA Thane Centre on 23rd April. The programme focused on understanding how to Dr. Bishram with participants be a better leader of yourself first so that you can be even better at inspiring and positively impacting others around you. Chandigarh Management Association Chandigarh Management Association organised a Lecture Series How to Take care of Your Spine and Cervical problem on 26th April in collaboration with Fortis Hospital Mohali. The keynote speaker was Dr Deepak Joshi, MS (Ortho), fellow in Spine surgery from Harvard USA and Consultant-Spinal Injury. President CMA Mr J.S.Nayyar and Past President Mr A. K. Gandhi felicitated Dr Deepak Joshi. The programme was anchored by Ms. Madhulika Kak, General Secretary, CMA. Participants got free consultation and answers to their queries. Vice President CMA, Dr. Aneet Bedi closed the programme with the vote of thanks. Dr Deepak Joshi receiving the memento from Mr JS Nayyar, President, CMA (L-R) A. K. Gandhi, Past President, CMA and Madhulika Kak, General Secretary, CMA

35 35 AIMA NEWS FROM LMA APRIL 2016 Coimbatore Management Association CMA s Monday Musings is a 45 minute popular interactive programme on a topic concerning individual and institutional management. Monday Musing is conducted every Monday. It is usually attended by more than 30 people. The speaker for one of the Monday Musings was Rtn. Rajagopal, Promoter and Head, Shreyas Energy & Project Services, Coimbatore. The session was well received by the participants. Rtn. Rajagopal, Promoter and Head, Shreyas Energy & Project Services, Coimbatore addressing the session. Delhi Management Association Seminar DMA in collaboration with Citizen Awareness Group organised a Seminar on Financial Inclusion through Financial Education on 20th April. Mr Surinder Verma, Chairman, Citizens Awareness Group welcomed the eminent speakers and the participants. The opening remarks were delivered by Mr. S C Sharma, Director, Consumer Coordination Council. Some of the other speakers included Mr. Surya Kant Sharma, DGM, SEBI; Ms. Renu Bhandari, Chief Manager, National Stock Exchange of India; Mr. Ramji Bhai Mavani, Chairman, Consumer Coordination Council and Mr. Abhishek Srivastava, Vice Chairman, Consumer Coordination Council.The seminar was very well received by the participants. Another seminar on Legal Awareness of Consumers was organised by Delhi Management Association in collaboration with Dignity Restoration and Grievance Settlement Association (Dignity India) and Delhi State Legal Services Authority (DSLSA) on 29th April. Mr. Rajan Pandhi, Director DMA welcomed the Chief Guest, Mr Sanjeev Jain, Addl. District & Sessions Judge and Officer on Special Duty, DSLSA and Guest of Honour, Dr. (Ms.) Chandra Rajan Advocate, Supreme Court; Mr. Saurabh Gandhi, General Secretary, United Residents of Delhi and the participants. (L-R) Mr. S C Sharma, Mr. Surinder Verma, Mr. Ramji Bhai Mavani, Ms. Renu Bhandari and Mr. Surya Kant Sharma. (L - R) Ms. Madhu Bala, Mr. Arun Kumar, Mr. Saurabh Gandhi, Shri Sanjeev Jain, Dr. (Ms.) Chandra Rajan In the opening remarks Mr. Arun Kumar, Chairman, Dignity India emphasised on the need to have an alternate redressal mechanism instead of going to courts for finding solutions and providing immediate relief to complainants. The concluding remarks were given by Ms. Madhu Bala, President (Women Wing), Dignity India.

36 36 AIMA NEWS FROM LMA APRIL 2016 Start-Up Expo With a view to bring together an ecosystem for startup success Start - Up Expo was organised by The Indus Entrepreneurs (TiE) duly supported by DMA on 23rd April. The unique one-day event was an unprecedented platform for startups to showcase their business, explore partnership opportunities, as well as interact with investors, venture capitalists, business experts, mentors, corporates, support agencies, industry associations, government organisations and more. Round Table Meet DMA organised a Round Table meet on Innovation Culture and Practices: Organisation Diagnostics on 26th April. The discussions were led by Dr. R K Agrawal, Chairperson (OB & HRM Area), IIM Kashipur and Mr. Sunil Omanwar, Head Learning & Development, Fortis Healthcare, and the participants. The event was appreciated by the participants. Participants of Round Table meet. Ghaziabad Management Association Interactive Session Ghaziabad Management Association organised a lecture cum interactive session on Managing Modern Organisations using Ancient Indian Wisdom. This session was organised on 29th April and the resource person was Mr. Sumit Chaudhuri, Chairman & Managing Director, Third Millenium Business Resource Associates, New Delhi. The session was very interesting and interactive. Mr. Sumit Chaudhuri, Chairman & Managing Director, Third Millenium Business Resource Associates recieving the memento. Manthan 2016 RKG Business Quiz Ghaziabad Management Association and the Department of Business Administration of Raj Kumar Goel Institute of Technology organised a Business Quiz for UG students of colleges in and around Ghaziabad at its campus on 26th April. Around twenty teams from various colleges Winning teams of Manthan 2016 participated in the quiz. The event was inaugurated by Mr. Devendra Swaroop, Ex General Manager, BEL. The team from MMH College, Ghaziabad was declared winner and the First & Second Runners up were the teams from IMS Ghaziabad.

37 37 AIMA NEWS FROM LMA APRIL 2016 MDP Ghaziabad Management Association in association with Ajay Kumar Garg Institute of Management conducted a twodays Management Development Programme on Digital Marketing on 12th & 13th April. A host of participants, both senior and middle level, from various organisations took part in the programme. Majority of the participants were from the area of marketing and advertising. Participants of Management Development Programme The programme was inaugurated by Mr. Vinay Gupta, Executive Director, GMA. The welcome address was given by Dr. T R Pandey, Director, AKGIM. Some of the other speakers for the event included Prof. Rajeev Sirohi; Mr. Hemant Bisht, Founder, Orange Cube Consultancy; Dr. Maupriya Gaur; Prof. Namita N. Kumar; Mr. Shyam from SPA Web Solutions and Mr. Pankaj Chauhan from Research Gyan. The programme concluded with the valedictory address by Dr. R. K. Agarwal, Director, AKGEC, and President, GMA. Hardwar Management Association Interactive Session Hardwar Management Association organised an interactive session on Let s change the way we live - a step towards changing one s Lifestyle on 27th April. The session was presided over by Mr Rajeev Bhatnagar, President, HMA. The chief guest/key speaker for the session was Mr Pankaj Shukla, Life Management Guru, Being Capable. Pankaj Shukla presenting on Life Management The entire session focussed on managing life through mind power, behaviour & peace, naturopathy, yogasanas, pranayams & meditation. The programme ended with a vote of thanks by Mr Tarun Mishra, Jt Secretary, HMA. Around 75 members participated in the session. Hyderabad Management Association Memorial Lecture In association with the Centre for Organisation Development (COD), the Hyderabad Management Association jointly conducted Sri B L Maheshwari Memorial 8th Lecture by Dr D Subbarao, Former Governor, RBI on Leading the Reserve Bank : Challenges and Dilemmas on 30th March. The talk was highly inspiring and informative. Dr. Habil F Khorakiwala, Chairman, COD presenting a memento to Dr D. Subbarao, Former Governor, Reserve Bank of India, as Mr Ravi Kumar Peesapati, Secretary, HMA looks on.

38 AIMA NEWS FROM LMA APRIL 2016 Hardwar Management Association Annual Endowment Lecture Mr Grandhi Mallikarjuna Rao, Founder Chairman, GMR Group delivered the 11th GNCT Annual Endowment Lecture on Challenges in the Journey to build and sustain an Enterprise organised by Hyderabad Management Association, in association with the Sri Gelli Narayana Chetty Trust on 11th April. Mr. E N Prasad Reddy, President of Hyderabad Management Association and Mr. Ramesh Gelli, Chairman, Sri Gelli Narayana Chetty Trust also spoke on the occasion. Mr G M Rao, Founder Chairman, GMR Group addressing the audience. (L-R) Mr Ravi Kumar Peesapati, Secretary, HMA; Mr Ramesh Gelli Chairman, GNCT; Mr E N Prasad Reddy, President, HMA and Mr G Prabhakar, Managing Trustee, GNCT Evening Lecture Mr V V Lakshmi Narayana, Addl. DGP (Maharashtra) addressing the gathering. (L-R) Mr Ravi Kumar Peesapati, Secretary, HMA, Mr E N Prasad Reddy, President, HMA and Mr Vijay Vedantam, Co-Convener, Lecture Meetings, HMA Hyderabad Management Association conducted an evening lecture on Transformation & Responsibility of a Citizen by Mr V V Lakshmi Narayana, Addl. Director General of Police, Maharashtra on 22nd April. Mr. E N Prasad Reddy, President of Hyderabad Management Association presided over the occasion and Mr. Ravi Kumar Peesapati, Secretary, HMA gave the vote of thanks. Indore Management Association Evening Session Indore Management Association organised Centre of Excellence (COE), an evening talk on the topic Just Listen: How to be a Good Listener on 5th April. The facilitator for the session was Mr. Ujjesh Sinha-Director, State Bank Foundation Institute (Chetana) at State Bank of India. Mr. Ujjesh Sinha during IMA Centre of Excellence 38

39 39 AIMA NEWS FROM LMA APRIL 2016 Evolution for Excellence Indore Management Association organised its Evolution for Excellence, a one-day workshop for corporates on 12th April. The module for the workshop was Creating Culture of Innovation and the speaker for the session was Mr. Amber S. Arondekar, National Trainer and the Founder & Mentor of Powertrain Incorporation. Reader s Clique Mr. Amber S. Arondekar during Evolution for Excellence Dr. Upinder Dhar during IMA Reader s Clique Indore Management Association organised its Reader s Clique - a book lovers club programme on the book Good to Great. The programme was organised on 13th April. The moderator for the session was Dr. Upinder Dhar, Vice Chancellor, Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore. Film Show Indore Management Association organised a Film Show on a famous Hollywood Movie Antz on 19th April. The moderator for the session was Mr. Abhishek Nandedkar, CEO-Vastramber, Indore. Mr. Abhishek Nandedkar during IMA Management Film Show Doorstep Mr. Mukesh Vyas during IMA Doorstep Indore Management Association (IMA) organised its Doorstep a one-day workshop for professionals on 22nd April at Pratibha Syntex Limited, Industrial Area, Pithampur. The module for the workshop was Painless Performance Management and the facilitator for the workshop was Mr. Mukesh Vyas, Associate Vice President (HR).

40 40 AIMA NEWS FROM LMA APRIL 2016 Jamshedpur Management Association Jamshedpur Management Association (JMA) organised a visit to Tata Steel as part of their Industry Tour Programme, Learn with Fun and Joy. A 20 member team of JMA visited I- Blast Furnace of Tata Steel. The objective of the session was to make JMA members aware about daily management practices and Total Quality Management at shop floor. On this occasion Mr. Subha Cahndar, Executive I-Blast Furnace, briefed the team about process of iron making. The visit was coordinated by Mr. Rabindra Kumar, Hony Secretary JMA. Participants at Tata Steel Kerala Management Association Evening Lecture Meeting Kerala Management Association organised an evening lecture meeting on the topic Biodiversity and Business on 1st April. The lecture was addressed by Dr. Oommen V Oommen, Chairman - Kerala State Biodiversity Board. Dr. Oommen V addressing KMA Members Another evening lecture meeting was held on Medical Value Travel: A Window of Opportunity for Kerala on 20th April. The meeting was addressed by Dr. Harish Pillai, CEO, Aster Medcity, Kochi & Cluster Head, Aster DM Healthcare, Kerala. Dr. Harish Pillai addressing KMA Members Scripting My Story The third edition of the Scripting My Story session was held on 26th April with Mr. Kochouseph Chittilappilly, Founder Chairman, V-Guard Group in conversation with Mr. Sunil K. Zachariah, Past President, KMA Mr. Kochouseph Chittilappilly in Scripting My Story session

41 41 AIMA NEWS FROM LMA APRIL 2016 Management Education Programme A one day workshop on Advanced MS Excel for Business and Management was held on 5th April led by Mr. Jomon Joseph, M.Com, MBA, CPFA, Promoter of The Strategist & Specialist in Equity Research, Kochi. 43 participants attended the workshop. Mr. Jomon Joseph interacting with participants Another one day workshop on Building High Power Teams was held on 27th April led by Mr. G. Balachandran MBA, HRD Consultant, International Training Fellow & Certification Commissioner, JCI University USA. 21 participants attended the workshop. A one day workshop on Frontline Work Excellence was Mr. G. Balachandran with the participants. held on 28th April by the Programme Facilitator Mr. G. Balachandran MBA, HRD Consultant, International Training Fellow & Certification Commissioner JCI University USA. 16 participants attended the workshop. Mr. G. Balachandran interacting with the participants 34th Annual Young Managers Contest 2016 KMA s 34th Annual Competition for Young Managers was inaugurated by the Chief Guest Mr Prasad K. Panicker- KMA President & Executive Director, BPCL Kochi Refinery; Mr Jibu Paul, KMA Hon. Treasurer & Chairman-Young Managers Forum; Mr Royson V Luke, Convenor-Young Managers Contest and Mr Ajayaraj Palasseri, Director & CEO, Nagarjuna Ayurveda Centre also spoke on this occasion. The theme for this year s competition was Transportation Infrastructure Kerala Vision The panel of Judges included Mr. S. R Nair, Director, Mentor Guru Professional Services Pvt. Ltd., Dr. M. P. Sukumaran Nair, Former CMD, Travancore-Cochin Chemicals Ltd and Mr. K.J. Sohan, Ex Mayor, Cochin Corporation. The team from Cognizant Technology Solutions India Pvt. Ltd won the contest. The teams from Cochin Shipyard Ltd and M/s Synthite Industries Ltd were the 1st & 2nd Runners up. Mr. Prasad K. Panicker inaugurating the 34th Annual Young Managers Contest 2016

42 42 AIMA NEWS FROM LMA APRIL 2016 Lucknow Management Association Training LMA in collaboration with Lucknow Chapter of NIRC of The Institute of Company Secretaries of India organised a two weeks Management Skills Orientation Programme for ICSI interns on 2nd April. Workshop Young Managers Forum of LMA organised a workshop on Emotional Intelligence by Dr. Amrita Dass, Founder Director, Institute for Career Studies at Dept. of Business Administration, University of Lucknow on 9th April. Young Managers Forum of LMA organised a workshop on Managerial Styles on 18th April. The speaker was Prof Mirza Saiyadain, a PhD. in Human Resource Management & Organisational Behaviour from University of Kansas, USA. The workshop was well received by the participants. Interactive Session Dr. Roop Rekha Verma, Former Vice Chancellor, University of Lucknow addressing Mr. Chandra Shekhar Verma, a soft skill trainer addressing the session Participants at the workshop Women s Forum of LMA organised an interactive session on Women s Security in Public Places on 22nd April in collaboration with two non-profit organisations, Saanjhi Duniya and Lucknow Expressions. Dr. Roop Rekha Verma, Former Vice Chancellor, University of Lucknow and a well known social activist running Saajhi Duniya and Ms. Kanak Rekha Chauhan of Lucknow Expressions led the discussion. A film on the subject produced by Saanjhi Duniya and UNICEF was also screened at the programme. An interactive session on Developing Smart Cities was organised by LMA Knowledge Centre for Smart Cities and Urban Rejuvenation on 29th April. Mr. Srijan Pal Singh, Secretary, Dr. Kalam Center, Lucknow and co author of the book Smart and Human: Building Cities of Wisdom with Mr GRK Reddy, MD, MAARG Group participated in the session. Mr. Mewa Lal of Muskan Jyoti Samiti also made a presentation on Agri-Bio Waste Management for Sustainable Agriculture in the session. Interactive session in progress

43 43 AIMA NEWS FROM LMA APRIL 2016 Film Screening LMA invited Mr. O.P. Srivastava to screen Life in Metaphors-A Portrait of Girish Kasravallii on 26th April. Based on the life of Kasaravalli, Mr. Srivastava made this film, which won him the prestigious 63rd National Film Award for the Best Film on Biographical/Historical Reconstruction as the Director of the film for the year The film has been officially selected for several film festivals. Mr. O.P. Srivastava (centre) addressing the session Ludhiana Management Association Panel Discussion Ludhiana Management Association organised a Panel Discussion on Roadmap for Development of Industries in Punjab on 1st April. The panelists for the discussion were Past Presidents of Ludhiana Management Association, Mr D L Sharma, Mr Anil Kumar, Mr Mahesh Munjal and Mr V K Goyal. Dr KNS Kang, President, Ludhiana Management Association was the moderator for the session. Around 250 members attended and actively participated in the discussion. LMA also hosted a Lecture cum Dinner Meeting on 1st April. The guest speaker for the meeting was Mr Viney Kaushal, Ex Mg Director, Accenture, Chicago, USA. He interacted with the members on Key Learnings from Cultural Differences in various Continents & its Impact on doing Business. Around 270 members attended the meeting followed by an open house session. Seminar LMA organised a seminar at Young Entrepreneur Forum on 6th April. The theme for the seminar was Managing Management Time and Mr Mahesh Munjal, MD, Majestic Auto Limited, Ludhiana was the guest speaker. Mr Munjal interacted with the young entrepreneurs and advised them how to overcome day to day problems. Around 25 participants attended the seminar. Executive Development Pogramme Mr Anil Kumar, Past President, LMA addressing the members. LMA organised an Executive Development Programme (EDP) on 9th April. The guest speaker for the programme was Mr D K Sindwani, Director, Corporate Services, Vardhman Textiles Ltd, Ludhiana. Mr V K Goyal, Executive Director & CEO, SEL Group also spoke on the subject. 45 executives of SEL Group participated in the programme followed by an open house session.

44 44 AIMA NEWS FROM LMA APRIL 2016 Lecture cum Presentation LMA held a Lecture cum Presentation on 18th April. Dr B S Aulakh, Prof. of Urology & Transplant Surgery, Dayanand Medical College & Hospital, Ludhiana was the guest speaker. Dr Aulakh gave a presentation on Save your Kidneys & Avoid Urinary Problems. It was a highly informative and educative session followed by an open house session. 190 members attended the session. Mr D K Sindwani, Director, Corporate Services, Vardhman Textiles Limited. Mangalore Management Association Lecture Meeting Mangalore Management Association and SDM PG Centre for Management Studies & Research, Mangalore jointly organised a lecture meeting on Humour in Management by Dr. P. Selvaraj, Dy. General Manager/ Faculty Member, Bankers Institute of Rural Development (BIRD), Mangaluru, on 25th April. Dr. P. Selvaraj, addressing the audience on Humour in Management. Dr. Devaraj K., Director, SDM PG Centre of Management Studies & Research gave the presidential address. Prof. J.H.G. Anchen, Vice President, MMA welcomed gathering. Mr M. Monteiro, Governing Body Member, MMA introduced the Chief Guest. Mr M. R. Vasudeva, President, MMA expressed his views on the given talk and handed over a memento to the Chief Guest. Mr Prasanna Mallya, Secretary, MMA proposed the vote of thanks. Meerut Management Association Lecture Meeting MMA organised Annual Dayal Debate on India Is Not Serious about Gender Equality on 19th April. 18 teams of students from various engineering and management colleges from Meerut and nearby places took part. MIT Education was the winner while JP School of Business and MIET Engineering were the 1st and 2nd runners up. The winning teams with their trophies Mr. Ankit Singhal, President, MMA opened the debate and welcomed all guests. Mr. Ashok Singhal coordinated the event. The trophies were presented by Mr. Abhay Dayal, Managing Director and Mr. Aman Dayal, Director of Dayal Fertilizers Pvt. Ltd.

45 45 AIMA NEWS FROM LMA APRIL 2016 Navsari Management Association The first event of the new financial year, was organised by NMA on 17th April on the theme It s Your Business Make It Big. The speaker was Mr. Jagdish Joshi, a renowned management educator. The programme was attended by nearly 650 participants. The programme was well appreciated by all and there was a definite takeaway for everybody. Mr. Gopal Patel demonstrating calligraphy work Workshop Mr Jagdish Joshi addresing the audience A half day Workshop on Calligraphy was organised by NMA on 23rd April as a part of summer programme for the students. The coach, Mr. Gopal Patel exhibited some pictures on canvas and also explained few techniques. 63 participants attended the workshop and 20 participants registered for the advanced course of 21 days on Calligraphy. With a view to increase productivity of a person, a workshop was organised by NMA on Managing Priorities and Time Wasters on 24th April. Mr. Hiren Vakil, a professional coach for the subject, was the faculty for the day. A practical session was conducted on How well you are managing your time which had 16 questions to be answered by the participants. The workshop was appreciated by all the participants. Noida Management Association Workshop Mr. Hiren Vakil addressing the participants Noida Management Association organised a one day workshop on Labour Laws What All The Manager Should Know of Labour Laws on 14th April. The programme was well received by 50 participants drawn from leading industries from Noida and NCR. Mr Manoj Mishra, Chairman Cum- Managing Director, National Fertilizers Ltd inaugurated the programme, and the keynote address was given by Mr SS Workshop in progress Yadav, Executive Director P&A, KRIBHCO. The faculty consisted of Mr Dinesh Jain, President, Legal & Corporate Affairs, U- Flex Ltd.; Mr Bhupendra Kaushal, Vice President, HR, Ginni Filaments and Mr Sanjeev Asthana, Group HR Head, Triveni Engineering & Industries Ltd. Mr SC Kulshrestha, Labour Law advisor was the Programme Director. The programme was highly appreciated by the delegates.

46 46 AIMA NEWS FROM LMA APRIL 2016 Quilon Management Association Quilon Management Association arranged a programme on 25th April on the topic Heartfulness meditation Sahaj Marg Meditation by Dr. Jagdesh, Former DMO of Kollam. Dr. Jagdesh explained that in our modern lifestyles, meditation will definitely help to relax and find the way that gives us a sense of well-being and joy. Mr Sreeraj, Secretary General welcomed the chief guest. Mr Rajendra Prasad, QMA President presided over the function Dr. Jagdesh, former DMO, Kollam speaking on and Mr Harilal, QMA Secretary-programme introduced the Heartfulness Meditation. chief guest. Ms Madhu, QMA secretary-administration gave vote of thanks. Mr K V Aravindakshan presented a memento to the chief guest. Tarapur Management Association Evening Lecture TMA organised an evening lecture on the topic Road to Heart & Health on 20th April. The session was conducted by the well-known Doctor Parag Kulkarni, MS (Gen Surgery) DNB (Gen Surgery). Dr Parag is also one of the senior faculty of TMA Institute of Management Studies and an Executive Member of TMA. The session was well attended by the members of TMA and the executives working in the industrial belt of Boisar - Tarapur. Film Show Dr Parag Kulkarni demonstrating the demo on handling heart attack victims. A film show on Great Indian Management of Dabbawalas was organised on 29th March which included a lecture delivered by Dr Pawan G Agrawal at IIM Calcutta. The message from the lecture enlightened the audience with a powerful take away on best practices of error free performance, proactive and optimistic approach of Dabbawalas which got them the Six Sigma certification and many other laurels.

47 47 AIMA NEWS FROM LMA APRIL 2016 Thrissur Management Association Shaping Young Minds Programme Thrissur Management Association organised the AIMA Shaping Young Minds Programme on 20th April in collaboration with AIMA. The speakers for the programme included Mr. Vijay Thadani, Vice Chairman & Managing Director, NIIT Ltd; Mr. V P Nandakumar, MD & CEO Manappuram Group, Past President TMA; Justice N Santosh Hegde, Eminent Jurist and reformer, Former Supreme Court Judge and former Lokayukta, Karnataka; CA T S Anantharaman, Vice Chairman, Leo Pharma Group of Companies & Past President- TMA; Mr. D Shivakumar, Chairman & CEO, Pepsico India Holdings Pvt. Ltd & Past President AIMA; Mr. V K Vijayakumar, Investment Strategist, Geojit BNP Paribas; Ambassador Deepak Vohra, Veteran Diplomat and Special Advisor to Prime Minster Lesotho and Guinea-Bissau; Er. Anand Menon, Former Chairman, Livestock Feed Manufacturers Association of India & Senior Vice President- TMA. Around 1500 delegates and 43 institutes participated in the programme. Scholarship & Awards TMA- Dhanlaxmi Bank student scholarship is an annual scholarship given to the students pursuing management studies. This year the recipients were Roshni P and Arya S B, the award was presented by Mr G. Sreeram, MD & CEO of Dhanlaxmi Bank Ltd. TMA- Hykon Business Plan Contest is an all India event intended to bring out the talents of students. This year the team from KAU Thrissur won this contest. Certificates and awards were awarded by Er. Christo George, Chairman & MD of Hykon Pvt. Ltd. An annual award is given to the student pursuing management studies in Thrissur. This year the recipient of the award was Uthra M Silver Jubilee Management Convention TMA organised its Silver Jubilee Management Convention & Presentation of Management Awards on 19th April. The theme for the event was Sustainability in Uncertain Times. The Convention was inaugurated by Mr Vijay Thadani, Vice Chairman & Managing Director, NIIT Ltd. The Keynote address was given by Dr. Rudra Sensarma, Ass. Prof IIM Kozhikode. The speakers shared that in spite of all the uncertainties, India will emerge as a global economic power. D Shivakumar, Chairman & CEO, Pepsico India Holdings Pvt. Ltd addressing the session Dr. Rudra Sensarma, Ass. Prof IIM Kozhikode addressing

48 48 AIMA NEWS FROM LMA APRIL 2016 During the Silver Jubilee Management Convention TMA honours people who have done extremely well in their walks of life. This year Manappuraam Life Time Achievement Award 2016 was given to CA T S Anantharaman, Vice Chairman, Leo Pharma Group of Companies; Leo Pharma Management Excellence Award was given to Mr. K M Mohandas - Westfort Hospital Group; P. N. K. Unni Memorial Women Entrepreneur Award was given to Mrs. Veda Bestin, Managing Director, Jomsons Enterprises India Pvt Ltd. The 5th issue of TMA bi-monthly e-magazine The Management Voice was officially released by TMA editor Mr. Ranjan Sreedaran at the Silver Jubilee Management Convention. South Zone LMA Meet The South Zone LMA meet was held on 20th April. Members from seven LMA s took part in this meet, deliberations were done on how to improve the relationship between the LMA s and the need to have joint programmes to strengthen the LMA s. The South Zone LMA meet

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